alleryStart learning →A firm buys goods at Rs 800 and adds 25% markup on cost. What is the selling price?
ARs 820
BRs 900
CRs 1,000
DRs 1,100
Answer & Solution
Correct answer: C. Rs 1,000
Price = cost x (1 + markup) = 800 x 1.25 = 1,000.
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